Florida Lumber & Building Materials Dealers Assn
- Assets
- $714.4k
- Revenue
- $158.2k
- Investments
- $1.0
- Employees
- 2
- Location
- Mount Dora, FL
- Founding
- 04/1948
- Data as of
- 10/2020
- EIN
- 59-0247205
Organization Overview
Florida Lumber & Building Materials Dealers Assn is located in Mount Dora, FL. The organization was established in 1948. According to its NTEE Classification (S99) the organization is classified as: Community Improvement & Capacity Building N.E.C., under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 10/2020, Florida Lumber & Building Materials Dealers Assn employed 2 individuals. This organization is the central organization for a national or regional group of organizations. Florida Lumber & Building Materials Dealers Assn is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 10/2020, Florida Lumber & Building Materials Dealers Assn generated $158.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (18.8%) each year. All expenses for the organization totaled $254.5k during the year ending 10/2020. As we would expect to see with falling revenues, expenses have declined by (9.8%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTION AND ADVOCACY OF THE BUILDING MATERIAL INDUSTRY IN FLORIDA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTION OF THE BUILDING/CONSTRUCTION INDUSTRY WITHIN THE STATE OF FLORIDA. AS WELL AS THE EDUCATION OF IT'S MEMBERS ON THE LASTEST BUILDING CODES FOR THE STATE OF FLORIDA AND THE LASTEST TECHNOLOGIES BEING ULTILIZED WITHIN THE CONSTRUCTION INDUSTRY AS IT RELATES TO WOOD PRODUCTS AND OTHER BUILDING INNOVATIONS. IN ADDITION, THE ASSOCIATION PROVIDES A FORUM FOR CONSTRUCTION LEADERS TO HAVE PERTINENT DISCUSSIONS ABOUT THEIR INDUSTRY TO SHARE IDEAS AND STRATEGIES TO ENABLE ALL MEMBERS TO HAVE SUCCESS IN THE CONSTRUCTION INDUSTRY.
THE ASSOCIATION HOSTS AN ANNUAL CONVENTION AND TRADE SHOWS AS WELL AS VARIOUS CONFERENCES TO PROVIDE MEMBERS WITH MULTIPLE VENUES TO SEE VARIOUS NEW DEVELOPMENTS WITHIN THE INDUSTRY. AT THE ANNUAL CONVENTION, THE ASSOCIATION PROVIDES MEMBERS WITH THE OPPORTUNITY TO ELECT THE UPCOMING BOARD OF DIRECTORS AS WELL AS PROVIDES THE MEMBERS WITH A REVIEW OF THE PRIOR YEAR ACTIVITIES OF THE ASSOCAITION. THE ASSOCIATION ALSO RECEIVES INPUT FROM ITS MEMBERS AT THESE EVENTS FOR THE UPCOMING YEAR'S PLANS.
THE ASSOCIATION PRODUCES PUBLICATIONS, TRADE MAGAZINES AND NEWSLETTERS THAT KEEPS ITS MEMBERS INFORMED AND UPDATED WITH THE LATEST DEVELPOMENTS WITHIN CONSTRUCTION IN A TIMELY MANNER. THE PUBLICATIONS ALSO PROVIDE THE MEMBERS WITH A WAY TO STAY CONNECTED WITH EACH OTHER THROUGH UPDATED CONTACT LISTINGS AND UPCOMING EVENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bridget Pulsifer Chair | OfficerTrustee | 0 | $0 |
Dan Pugh Secretary | OfficerTrustee | 0 | $0 |
Brian Wagner Parliamentian | Trustee | 0 | $0 |
Bryan Banfield Member At Large | Trustee | 0 | $0 |
D Shawn Harlacher Associate Director | Trustee | 0 | $0 |
Chris Lee Member At Large | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Investment income | $477 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $3,755 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $158,198 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $94,218 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $5,893 |
| Payroll taxes | $7,104 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,146 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,566 |
| Advertising and promotion | $0 |
| Office expenses | $14,295 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $43,259 |
| Travel | $70 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $31,177 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $25,450 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $254,480 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $351,227 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $5,535 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $47,249 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $1 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $714,352 |
| Accounts payable and accrued expenses | $8,043 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $6,263 |
| Unsecured mortgages and notes payable | $2,181 |
| Other liabilities | $58,296 |
| Total liabilities | $74,783 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $639,569 |
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